Voyager customers targeted by scammers during 30-day withdrawal period: Report
Phony websites offered customers a premium for claiming through them. In reality, they drained customers’ wallets.
Posts published on August 1, 2023 go to media archive 2/4
MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
The software firm reported its second-quarter earnings after the close on Tuesday.
Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains.
Was Sam Bankman-Fried behind a scam project?
This week’s episode of The Market Report explores allegations that SBF was behind the recent BALD token rug pull and dissects why Bitcoin is falling below $29,000.
Why MiCA Is Overly Burdensome Regulation for Ukraine's Crypto Industry
As a European Union's candidate member, Ukraine is set to adopt the EU's landmark Markets in Crypto Assets Regulation (MiCA). But the law's requirements may become too strict for the country’s blockchain future, says Ukraine's deputy minister of…
Bitcoin Mining in July: $844.56 Million in Revenue, Dominance of Top Pools, and Fluctuating Difficulty Levels
As per the data compiled for the month of July, bitcoin miners discovered a total of 4,366 blocks, collectively accruing approximately $844.56 million in block rewards and fees. This figure marks an estimated increase of $60.8 million from the…
Bitcoin Price Forecast: Dark Days Ahead As $29,200 Support Fails
In his recent report, Charles Edward, a prominent crypto market analyst, released an update on the state of the Bitcoin (BTC) market. The report highlights the continuation of the downtrend for Bitcoin, which has been losing its key support, the…
Bitcoin Bollinger Bands Are The Tightest Ever, What Happens Next?
Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve taken all previous instances of extreme lows and…
GameStop to Remove Crypto Wallets Citing 'Regulatory Uncertainty'
Leading game retailer GameStop will suspend its crypto wallets due to regulatory uncertainty in the United States, just one year after launching, the company announced Tuesday.
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.
European digital asset manager CoinShares’ revenue up 33% in Q2
Proprietary trading activities contributed heavily to the revenue increase.
Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue
Prior uneventful periods preceded major eruptions in volatility for BTC’s price, crypto analytics firm K33 Research noted.
How AI, Web3 and Humans Can Work Together to Solve Complex, Global Problems
Fear abounds about AI, but the technology combined with blockchain can serve as an excellent complement to human ingenuity.
Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly
The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law.
DeFi Died and We Didn’t Even Notice
The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.
Toyota GR Cup will award digital trophies on Polygon blockchain to race winners
Toyota continues its ongoing exploration into integrating blockchain technology within its corporate and developmental ecosystems.
Open Ordinals Institute Launches to Propel Bitcoin Ordinals Protocol
The Ordinals team, led by creator Casey Rodarmor, has introduced the "Open Ordinals Institute," a non-profit organization aimed at advancing the Bitcoin Ordinals protocol and its reference implementation, Ord.The Open Ordinals Institute will…
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new…
Genesis Digital Assets opens three new facilities in South Carolina in US expansion
The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas.
Bitcoin Investor Sentiment Flips Toward Greed Despite Fall Below $29,000
Amid the turbulence, the Bitcoin price has finally fallen below the $29,000 support. This decline points to the bears taking over the market, but investor sentiment has not swung the way it normally would in such circumstances. Instead of swinging…
Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans
The environmental argument "should not be used as smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr wrote on Twitter.
Binance Japan begins launching trading services for residents
The Japan-based crypto exchange said it was offering spot trading for 34 tokens as of Aug. 1, with plans to migrate global Binance users starting on Aug. 14.
How DeFi Protocols are Building More Granular and Extensible Capabilities
The trend towards "micro-primitives" creates protocols that are more extensible, programmable and composable. But it also creates greater vulnerability at a time when protocols are under increasingly hack-attack.
Bitcoin investor sentiment slumps to a new low, even as macro and equities show improvement
Three key Bitcoin price indicators explain why BTC price continues to fall toward new lows.
Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.
Crypto trader weighs in on possible Bitcoin extinction scenarios
Episode 11 of Cointelegraph’s Crypto Trading Secrets podcast features crypto trader Mohit Sorout.
Bitcoin Won’t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says
The Republican candidate’s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar.
Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses
They're responding to the potential systemic risk posed by Michael Egorov's teetering financial position.
Bitcoin’s Plunge Below $29K Triggers $92 Million in Derivatives Liquidations; Crypto Markets Tremble
As bitcoin dipped below the $29K threshold and the overall crypto economy experienced a 1.4% decrease to $1.17 trillion, cryptocurrency derivatives markets underwent $92 million in liquidations, primarily in long positions. Cascading Effect…